Current Investigations
Herman Jones LLP is currently investigating the following matters.
For more information,
please click on one of the press releases below.
Herman Jones LLP Announces Investigation for Investors in Coinbase Global Inc.
Herman Jones LLP is investigating claims for investors who may have been harmed by Coinbase Global Inc.'s possible false or misleading statements. A lawsuit recently was filed in federal court against Coinbase for violations of the Securities Act of 1934. According to the suit, Coinbase failed to disclose that crypto assets could become part of a Coinbase bankruptcy estate and consumers would be unsecured creditors, and that it was allowing users to trade digital assets that should have been registered as securities with the SEC...
Law360® Reports that Wells Fargo Has Confirmed the Federal Investigation into Its Hiring Practices
Herman Jones LLP is investigating claims for investors who may have been harmed by Wells Fargo's possible wrongdoing in its hiring practices. Recently, Wells Fargo confirmed that it was under investigation by the U.S. Department of Justice and other governmental agencies with regard to its diversity hiring. A class action lawsuit filed in federal court on behalf of purchasers of the securities of Wells Fargo & Co. contends that Wells Fargo engaged in fake job interviews, interviewing job applicants whom the bank deemed “diverse" for positions that already had been promised to other people...
Herman Jones LLP Announces Investigation for Investors in U.S. Bancorp
Herman Jones LLP is investigating claims for investors in U.S. Bancorp who may have been harmed due to its subsidiary, U.S. Bank National Association, opening unauthorized consumer accounts. Recently, the Consumer Financial Protection Bureau fined U.S. Bank $37.5 million for its fraudulent actions, and U.S. Bank has been ordered to return all improperly charged fees to its customers...
Herman Jones LLP Announces Investigation for Investors in Zillow Group Inc.
Herman Jones LLP is investigating claims for investors who may have been harmed by Zillow Group Inc.'s possible false or misleading statements. A lawsuit was filed in federal court against Zillow for violations of the Securities Act of 1934 in relation to statements regarding Zillow Offers. According to this Complaint, Zillow failed to disclose problems with its Zillow Offers business that would have a material adverse impact on Zillow's financial results and outlook...
Herman Jones LLP Announces Investigation for Investors in FirstEnergy Corp.
Herman Jones LLP is investigating claims for investors who may have been harmed by FirstEnergy’s possible false or misleading statements in its proxy statements. A lawsuit was filed in federal court against FirstEnergy for violations of the Securities Act of 1934 in relation to proxy statements regarding FirstEnergy’s lobbying efforts. According to this Complaint, FirstEnergy improperly paid over $60 million to a politician’s nonprofit in exchange for him promoting legislation favorable to FirstEnergy...
Herman Jones LLP Announces Investigation into Intuit, TurboTax, Credit Karma, Mint and Mailchimp
Herman Jones LLP is investigating possible claims for customers of Intuit, Credit Karma, Mint and Mailchimp who may have been harmed by actions taken by these companies. The United States Federal Trade Commission (“FTC”) initiated an administrative action against Intuit over its TurboTax software, styled In the Matter of: Intuit Inc., Docket No. 9408. According to the FTC’s complaint, Intuit deceived consumers by calling its TurboTax tax return filing software service “free” and then charging those consumers for the software’s use. In addition to providing the TurboTax product, Intuit is the parent company of Credit Karma, Mint and Mailchimp...